• Journal of Korea Port Economic Association
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• v.31 no.4
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• pp.1-15
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• 2015

During global recessions, such as the 2008 financial crisis, Korean shipping companies have been undergoing a liquidity crisis that is comparably worse than other shipping companies worldwide. One of the reasons behind this repetitive vicious cycle can be the lack of ability to foresee the future by analyzing and understanding the volatile shipping market. Traditionally, in order to assimilate the shipping market, larger Korean shipping companies have been purchasing market reports published by Europe-based research companies and shipping brokers, leading to a digital divide by company size. To resolve this issue, the Maritime Exchange Information Center (MEIC) has been publishing shipping market reports that include essential shipping information such as freight rates by different routes; commodity trends for iron ore, grain, and coal; ship-building trends for new-building, second-hand, and demolition markets; as well as bunker price and port congestion. This research was conducted to analyze the effectiveness of four variables-information usefulness, market reflection, information composition, and latest information-on information satisfaction. If the information satisfaction was found to be adequate, the analysis of actual proof was used to determine if the customers would be willing to purchase MEIC's report when it is chargeable. All the four variables were found to have positive effects on information satisfaction. In particular, latest information was found to directly affect the intention to purchase. Furthermore, high information satisfaction was related to the intention to purchase.

• Journal of Korea Port Economic Association
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• v.26 no.4
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• pp.122-146
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• 2010

This purpose of this study is to analyze the causal relation among constituent concepts and verify the relation among internal marketing, service quality and customer satisfaction in shipping companies. To achieve the goal of this study, the author studied literatures on internal marketing, service quality and customer satisfaction, and carried out a survey targeting people working for shipping companies and international logistics freight forwarders to make an empirical analysis. The results are as follows. It was confirmed that education and training, reward system, empowerment among internal marketing elements of a shipping company have a positive effect on the service quality and customer satisfaction of the shipping company, and the service quality of a shipping company also has a positive effect on customer satisfaction. As it can be known from these results, it would be necessary to concentrate on internal marketing of a shipping company in order to increase service quality and customer satisfaction.

• 해운
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• no.1 s.12
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• pp.46-46
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• 2005

• 해운
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• no.12 s.23
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• pp.19-25
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• 2005

• 해운
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• no.10 s.32
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• pp.21-26
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• 2006

북한의 핵실험으로 국제사회가 술렁이고 있다. 특히, 유엔 안전보장이사회는 대북제재 결의안을 통과시키는 등 경제적인 제재를 포함한 다각적인 규제방안을 모색하고 있다. 북한의 핵실험은 이제 국제적인 이슈로 부각되었으며, 우리 경제에도 영향을 미칠 것으로 전망되고 있다. 다음은 대외경제정책연구원이 발표한 '북한핵실험이 한국경제에 미치는 영향'을 정리한 것이다

• 해운
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• no.1 s.47
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• pp.14-22
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• 2008

최근들어 1만TEU급 초대형 컨테이너선이 잇따라 시장에 투입되면서 선복과잉이 우려되고 있다. 과연 메가급 컨테이너선이 규모경제의 잇점을 살릴 수 있을지, 아니면 메가급 위기로 다가올지 기대와 우려가 교차되고 있다. 다음은 로이즈 쉬핑 에코노미스트(Lloyd's Shipping Economist)지 2007년 10월호에 실린 스테판 메튜(Stephen Matthews)의 "Mega-risk"를 번역한 것이다.

• 해운
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• s.69
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• pp.16-22
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• 2010

2009년 힘들었던 한해를 보내고, 성큼 다가온 2010년에 지구촌 경제는 어떻게 전개될까? 삼성경제연구소가 최근 발표한 보고서에 따르면, 국내에서는 환율에 따른 수출입시장의 변화, 최악의 실업률 타파를 위한 노력 등이 주요과제로 떠오르고 국외에서는 달러약세에 따른 세계입지 변동, G20체제변화로 국제질서의 전환 등이 주요 이슈로 떠오르고 있다. 다음은 '2010년 국내외 10대 트렌드 집중분석' 보고서를 정리, 편집한 것이다.

• Journal of Korea Port Economic Association
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• v.27 no.1
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• pp.213-234
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• 2011

The literature on efficiency of the maritime and shipping industry has typically focused on container ports and terminals. The study presented in this paper uses data envelopment analysis to evaluate ocean carriers based on financial and operational data from 2004 to 2007. A comparison is made up of the efficiency of global ocean carriers in efficiency of financial and operational performance respectively. A positive correlation is shown between the input and output data. In the static-efficiency analysis, we describe CCR, BCC and scale efficiency of Global Ocean Carriers in 2007. And we also provide about the stability and trend of their efficiency for four years (2004-2007) in the dynamic-efficiency analysis. The empirical results validate the necessity of restoring freight rates to facilitate the efficiency of the global ocean carriers supported by adjust of the supply of containership space. The study provides a basis for estimating the competitiveness of international shipping companies, for benchmarking best practice and for identifying the specific factors and causes of inefficiency.

• Journal of Korea Port Economic Association
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• v.27 no.2
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• pp.297-311
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• 2011

This paper deals with a strategic investment decision model for improving investment profit in shipping industry. Despite the quantitative expansion of Korean shipping business, many shipping firms have suffered financial difficulties due to financial and operating risks that result from the characteristics of capital-intensive business as well as of volatility of shipping markets. As a result, managers in charge of making an investment decision, particularly in tramper business sector, are required to take both financial and operating risk factors into consideration. Put it differently, managers are strongly recommended to avoid these risks by ship asset play; buy-low and sell-high, which results in considerable capital gain and cost reduction. In addition, managers in shipping industry are also recommended to consider the ship chartering investment alternative when the freight markets show extreme volatility as the case of 2008 triggered by sub-prime mortgage financial crisis in USA. For example, the BDI suffered plunging down from 1000 in 2008 to 100 in 2010. Consequently, the 4th largest shipping company in Korea, DAEHAN Shipping Co., has collapsed primarily due to excessive tonnage expansion during the peak time of bulk market. In sum, the strategic investment decision model, suggested in this paper, is designed to include such factors as capital gain by asset play, timely chartering for alternative shipping service, and optimization of operating profit by tonnage adjustment in accordance with change in the shipping markets concerned.

• 해운
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• s.86
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• pp.9-13
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• 2011

2011년도 3분기까지 전 세계 수주량은 전년동기 대비 감소하였으나 고부가 선박 시장의 활성화로 수주액을 증가하였다. 전세계 수주량은 전녕동기 대비 22.3% 감소한 2,356만CGT로 집계되었고 3분기 신조선가는 전분기 2point 하락하는 등 전반적인 약세를 나타냈다. 국내 중소 조선산업의 3분기까지 수주는 전년 동기대비 소폭 증가하였으나 중대형 조선소 위주의 수주에 그쳤다. 국내 중소 조선산업의 3분기말 수주잔량은 전분기 대비 10.5% 감소하였으며 건조톤수는 전년동기 대비 10.8% 감소하였다. 3분기 벌크선 운임, 용선료, 탱커 운임 및 용선료 등 관련 해운지표들이 대부분 하락 추세를 보이고 있다. 전반적인 해운시황 침체로 중소 신조선 시황도 어려움이 지속될 전망이며, 어려운 시기일수록 연비 고효율화 등 신기술이 경쟁력의 가장 중요한 요인이 될 수 있으므로 장기적인 안목에서 이에 대비하여야 할 것이다. 다음은 한국수출입은행 해외경제연구소 산업투자조사실에서 발표한 "중소조선산업 2011년도 3분기 동향"의 주요 내용을 정리 요약한 것이다.